President Donald Trump’s so-called "Big Beautiful Bill" was passed and now heads to the president's desk to become law., H.R.1 - One Big Beautiful Bill Act 119th Congress (2025-2026) | Bill Hide Overview, – The One, Big, Beautiful Bill fulfills President Trump’s promise to seniors and provides welcome tax relief after four years of inflation robbed their retirement under President Biden. Each senior will receive an additional bonus of $4,000 to the standard deduction, putting more money in the pocket of millions of low- and middle-income , The House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add $2.4 trillion to primary deficits over the coming decade, adding $3.0 trillion to the debt including interest., Trump Big Beautiful Bill Update: President Donald Trump has hailed the sweeping tax and spending legislation — the One Big, Beautiful Bill — passed by Congress early Friday as one of the most successful pieces of legislation in American history. But as the measure heads to his desk for signature later today, the real-world impact of the package is expected to vary sharply across industries , “President Trump’s One Big, Beautiful Bill delivers on the commonsense agenda that nearly 80 million Americans voted for – the largest middle-class tax.